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tag:budget News


Title and summary Date/time
1
Reduction in Nissan Car price by Rs. 5000
Mitsubishi, Hyundai and Ford and many other car makers have also cut down their prices up to Rs 6000 to pass the excise duty cut benefit to the consumers. 		11 Jul, 2009
2
Volvo reduced the sports vehicle XC90 prices by Rs 4 lakh
The Volvo XC90 D5 will be priced at Rs 42.5 lakh, Volvo the XC90 32 will be available for Rs 43.5 lakh and XC90 V8 for Rs 49.5 lakh. 		11 Jul, 2009
3
Hyundai Motor India reduces prices of Sonata Transform
According to the duty reduction announced in the budget any car equipped with an engine capacity of over 2 litre will have a reduced excise duty. Earlier the additional duty of excise was Rs 20,000 but after the recent budget announcement this has been ... 		8 Jul, 2009
4
Some Positives for Automobiles in Budget 2009: SIAM
Mr. Ravi Kant said that in recent times, rural market has been playing an important role for the automotive sector and measures aimed at enhancing the income levels in rural areas including increase in allocation to NREGA will have positive impact on ... 		8 Jul, 2009
5
Budget will help fuel auto demand: Karl Slym, President & Managing Director, GM India
The automotive industry is one of the growth drivers of the economy and as such some tax relief would have helped the industry to generate some volumes. Having said this, government's intention to introduce GST with effect from 1st April 2010 and reduce ... 		8 Jul, 2009
6
Honda India reduces prices for Accord & CR-V models
The prices have been revised following the lowering of specific excise duty by the Government on large cars of engine capacity of 2000cc and above from Rs 20,000 to Rs 15,000 announced in the Union Budget 2009 - 10. The new prices will be applicable with ... 		8 Jul, 2009
7
Ford India announces lower prices for Endeavour
This new pricing of the Endeavour is a direct result of the announcement made in yesterday's Union Budget. It has been proposed that the excise duty applicable on cars of engine capacity 2000 cc and above will be reduced from Rs. 20,000/- per vehicle to ... 		7 Jul, 2009
8
High-end car prices to fall soon
The first one to announce the decrease in the price of Rs 6000 on its partner Mitsubishi's Pajero, Outlander and Montero cars is Hindustan Motors Ltd (HML) and They would pass on the benefits of excise cut, says BMW, General Motors and Toyota, while Tata ... 		7 Jul, 2009
9
Focused stimulus package the best move - Kurt Rippholz, group communications head, Volkswagen India
Volkswagen Group who is present in India with its brands Audi, Skoda and Volkswagen welcomes the 2009-2010 Union Budget’s aim to touch 8% to 9% level of economic growth. 		7 Jul, 2009
10
Auto Industry’s expectation from the Union Budget
The Union budget to be presented on Monday is due from the new government (Govt.). The common man is expecting a lot from the new Govt. as a true representation of a secular Govt. with a progressive outlook. 		3 Jul, 2009
11
Gem & Jewellery industry unhappy with interim budget
The interest subvention of two per cent will be extended beyond March 31 till September 30 as per the announcement made by Union Minister, Pranab Mukherjee, who presented the interim budget this year. 		18 Feb, 2009
12
Auto industry positive of interim budget
According to a leading industry lobby, though the recently announced budget did not announce any specific sops for the industry, yet the increased allocation for defence and surface transport ministry would definitely boost vehicle sales. 		17 Feb, 2009
13
Small car & two-wheeler buyers say 'thumbs up' to budget!
Finance Minister, P Chidambaram proposed to cut down excise duties on small cars, buses and chassis. The car rates will reduce with the decrease in excise duty. 		29 Feb, 2008
14
CII pre-Budget wish-list - lower car & vehicle excise duties
Conferderation of Indian Industries (CII) in its pre-budget memorandum has sought focus on the key areas that will fuel inclusive and sustainable high growth. This also includes lower duties and and taxes affecting several sectors. 		27 Dec, 2007